Common use of Cancellation of the Card by the Cardmember Clause in Contracts

Cancellation of the Card by the Cardmember. The Cardmember may terminate this Agreement to affect cancellation of the Card (and the Supplementary Card, if any) by giving a verbal instruction via the Bank Contact Centre, subject to the Bank’s authentication process. However the Bank reserves the right to request for a written notice or confirmation of such termination and/or the return of the Card cut in half to the Bank Card Centre before the cancellation takes effect. The Cardmember shall be obligated to settle all outstanding amounts due or any unpaid balance under the Card Account.

Appears in 3 contracts

Samples: Cardmember Agreement, Mastercard/Visa Agreement, Cardmember Agreement

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Cancellation of the Card by the Cardmember. The Cardmember may terminate this Agreement to affect cancellation of the Card (and the Supplementary Card, if any) by giving a verbal instruction via the Bank AmBank Contact Centre, subject to the Bank’s authentication process. However the Bank reserves the right to request for a written notice or confirmation of such termination and/or the return of the Card cut in half to the Bank Card Centre before the cancellation takes effect. The Cardmember shall be obligated to settle all outstanding amounts due or any unpaid balance under the Card Account.

Appears in 1 contract

Samples: Credit Card Agreement

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